18 Station Street Saraland, AL 36571
Well-maintained fourplex offering four two-bedroom, 1.5-bath units with designated parking for each tenant.
Property Features for 18 Station Street
General Information
- Standard status
- Active
- Size
- 3,927 SF
- Property subtype
- Multi Family
Listing office Hartley Real Estate (251) 422-4256
Listing date Jul 9, 2026
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of Hartley Real Estate
Investment Insights
Based on property information with market context.
The building is located in Saraland, Alabama, and is positioned for convenient access to local schools, churches, and shopping.
For investors or an owner-occupant, the property provides a straightforward multi-unit setup with consistent unit mix across all four homes.
Key Highlights
- Well‑maintained 4‑plex with 3,927 total SF and four residential units
- Each unit has 2 bedrooms and 1.5 bathrooms
- Upstairs/downstairs layout designed to maximize living space
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.5k | $12.60 |
| − Vacancy | −$3.2k | −$0.82 |
| EGI | $46.3k | $11.78 |
| − OpEx | −$13.9k | −$3.53 |
| NOI | $32.4k | $8.25 |
